This dog thinks so…..
BIG time…..
The deal is actually to run to 2025….
Limits on spending are back ended…..
There will of course will be No ‘default’…..
And?
The Debt Ceiling of course?…..
WILL BE RAISED……
The MASSIVE CUT’S McCarthy danced with to get the Speaker job are nowhere to be seen……
Folks?
The media narritive is now gonna be Republican House Speaker McCarthy selling whatever he agreed to to to his people who will have to deal with REALITY…..
The two-year budget accord comes eight days before Treasury Secretary Janet Yellen warned that the U.S. will likely run out of cash to pay its bills. Congressional leaders must now embark on a monumental whipping effort to sell their parties on the deal ahead of the June 5 deadline.
Biden will likely need a substantial number of Democrats to back the bill. Several conservatives are decrying the deal as a betrayal of the Republican debt package passed by the House last month.
The budget agreement would hike the debt limit through January 2025, teeing up another potential standoff over the nation’s borrowing cap in the months after the presidential election. The deal would keep non-defense funding roughly flat for the fiscal year that begins on Oct. 1 and slightly increase funding for those programs by 1 percent in 2025, a source familiar with the framework said.
Rep. Dusty Johnson (R-S.D.), a close McCarthy ally, disputed that characterization of how the legislation would handle domestic spending, however. As conservatives tweeted their displeasure with the emerging details, Johnson said Saturday night that non-defense funding would be closer to the fiscal 2022 levels Republicans had originally sought for the coming fiscal year.
Republicans initially demanded $130 billion in cuts to government funding in fiscal 2024, in addition to a decade of strict budget caps. The budget bargain struck by Biden and McCarthy would limit spending for two years, then set non-enforceable funding targets after 2025.
The deal would also cap military funding at Biden’s budget request, at $886 billion, about a 3.5 percent increase. Veterans’ medical care would also match the president’s request, at $121 billion in fiscal 2024.
There were rumblings of a revolt against the agreement by House Freedom Caucus members after it was released. They likely couldn’t kill the agreement on their own, but they can make McCarthy’s life miserable depending on how far they take their displeasure.
“No one claiming to be a conservative could justify a YES vote,” Rep. Bob Good tweeted Saturday night…..
Prime example of what McCarthy is doing to try to get this done…..
(The deal CAN get thru the House with Republicans in Democratic districts joining Democrats votes putting McCarthy in a bad place)…
McCarthy is already twisting in the wind…..
Post Trump (and Abortion) Grand ole Party IS just one BIG Mess…..
Speaker Kevin McCarthy (R-Calif.) said Sunday that House Minority Leader Hakeem Jeffries (D-N.Y.) told him that Democrats don’t see “one thing” in the debt ceiling deal in their favor, as lawmakers on both sides blasted the framework of an agreement reached late the night before.
“Right now the Democrats are very upset,” McCarthy told anchor Shannon Bream on “Fox News Sunday.” “But one thing Hakeem told me: there’s nothing in the bill for them. There’s not one thing in the bill for Democrats.”
…
House Minority Leader Hakeem Jeffries (D-N.Y.) responded to remarks made by Speaker Kevin McCarthy (R-Calif.) earlier Sunday about the lack of Democratic support on the debt ceiling agreement made Saturday night.
“I have no idea what he’s talking about, particularly because I have not been able to review the actual legislative text. All that we’ve reached is an agreement in principle,” Jeffries told CBS’s Margaret Brennan on “Face the Nation.”
Jeffries was responding to comments made by McCarthy earlier on “Fox News Sunday,” where he said the House minority leader told him that Democrats do not see “one thing” in the debt ceiling deal in their favor as both sides take aim at the agreement made in principle late Saturday to cap spending and raise the debt ceiling.
“Right now the Democrats are very upset,” McCarthy told anchor Shannon Bream on “Fox News Sunday.” “But one thing Hakeem told me: there’s nothing in the bill for them. There’s not one thing in the bill for Democrats.”
Jeffries also added that he has not spoken to McCarthy since yesterday afternoon – before a deal was announced later that evening. Jeffries also noted that the proposals backed by conservative GOP members in the House were not consistent with Democratic values….
No surprise…..
Manu Raju
@mkraju
Many Dems don’t like the Biden-McCarthy debt limit deal, but think it could have been worse for them. “It’s not a victory, but it’s a lot better than what might have happened if there were default,” one Dem senator told me after a briefing with the WH tonight.